PPL Quick Ratio 2010-2024 | PPL
- PPL average quick ratio for 2023 was 0.87, a 4.4% increase from 2022.
- PPL average quick ratio for 2022 was 0.91, a 53.81% decline from 2021.
- PPL average quick ratio for 2021 was 1.97, a 173.61% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.